Milton C. Ault III - Nov 9, 2022 Form 4 Insider Report for BitNile Holdings, Inc. (AULT)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Milton C. Ault III
Stock symbol
AULT
Transactions as of
Nov 9, 2022
Transactions value $
$20,310
Form type
4
Date filed
11/10/2022, 06:04 PM
Previous filing
Nov 4, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AULT Common Stock Purchase $20.3K +150K +0.32% $0.14 46.5M Nov 9, 2022 By Ault Alpha LP F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock purchased by Ault Alpha LP ("Ault Alpha") was effected pursuant to a Rules 10b-18 and 10b5-1 stock purchase plan dated May 24, 2022, adopted by Ault Alpha.
F2 The common stock was bought by the reporting person in open market transactions on the transaction date, with a volume weighted average sale price of $0.1354. The range of purchase prices on the transaction date was $0.1352 to $0.1411 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares bought at each price.
F3 Milton C. Ault III, is the Manager of Ault Alpha GP LLC ("Ault GP") and Ault Capital Management LLC (AC Management"). Ault GP and AC Management are the general partner and investment manager to Ault Alpha, respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha.